| Market Capitalization (Millions $) |
226 |
| Shares
Outstanding (Millions) |
8 |
| Employees |
2,962 |
| Revenues (TTM) (Millions $) |
282 |
| Net Income (TTM) (Millions $) |
-6 |
| Cash Flow (TTM) (Millions $) |
-6 |
| Capital Exp. (TTM) (Millions $) |
10 |
Business Description
RCI Hospitality Holdings Inc. (RCI) is a U.S. company that operates businesses in the hospitality industry. The company was founded in 1981 and is headquartered in Houston, Texas. It is listed on the NASDAQ stock exchange and trades under the ticker symbol "RICK".
RCI's primary business is the operation of adult nightclubs, which it operates under several different brands, including Rick's Cabaret, Vivid Cabaret, Tootsie's Cabaret, and Bombshells Restaurant and Bar. These clubs are located in major cities across the United States, including Dallas, Houston, New York City, and Miami.
In addition to adult nightclubs, RCI also operates a media division that produces and distributes adult entertainment content. This includes magazines, videos, and online content. The company's media division operates under the brand name of "RG Magazine".
RCI has also diversified its business through the acquisition of several restaurant and bar chains in recent years. The company acquired a 54% stake in Vivid Entertainment, a leading producer of adult entertainment content, in 2016. In 2018, RCI acquired a controlling interest in the Bombshells Restaurant and Bar chain, which operates sports bars that cater primarily to male customers.
RCI has a strong financial position, with annual revenue of over $200 million and a market capitalization of approximately $380 million as of September 2021. The company's profitability is driven by the strong performance of its adult nightclub and media divisions, which have generated consistent revenue and earnings growth in recent years.
RCI is led by an experienced management team, including CEO Eric Langan, who has been with the company since 1994. The company is also committed to corporate social responsibility, with a focus on sustainable business practices and community engagement.
Overall, RCI Hospitality Holdings Inc. is a well-established and profitable company in the hospitality industry, with a diversified portfolio of businesses that positions it for continued growth and success in the future.
Company Address: 10737 Cutten Road Houston 77066 TX
Company Phone Number: 397-6730 Stock Exchange / Ticker: NASDAQ RICK
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